BLCV vs. BINC

Last updated Jun 3, 2026

BLCV (Blackrock Large Cap Value ETF) and BINC (iShares Flexible Income Active ETF) are both exchange-traded funds - BLCV is a Large Cap Value Equities fund actively managed by BlackRock, while BINC is a Multisector Bonds fund actively managed by iShares. Both are actively managed. Over the past 3 years, BLCV returned 18.70%/yr vs 7.06%/yr for BINC. At a 0.40 correlation, their price movements are largely independent. BLCV charges 0.55%/yr vs 0.40%/yr for BINC.

Performance

BLCV vs. BINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackrock Large Cap Value ETF (BLCV) and iShares Flexible Income Active ETF (BINC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLCV achieves a 7.60% return, which is significantly higher than BINC's 1.02% return.

BLCV

• 1D: 0.76%
• 1M: 2.65%
• YTD: 7.60%
• 6M: 9.93%
• 1Y: 23.16%
• 3Y*: 18.70%
• 5Y*: —
• 10Y*: —

BINC

• 1D: 0.10%
• 1M: 0.50%
• YTD: 1.02%
• 6M: 1.49%
• 1Y: 5.94%
• 3Y*: 7.06%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLCV vs. BINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BLCV Blackrock Large Cap Value ETF	7.60%	19.96%	12.63%	15.71%
BINC iShares Flexible Income Active ETF	1.02%	7.57%	5.76%	7.08%

Correlation

The correlation between BLCV and BINC is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since May 24, 2023	0.40

BLCV vs. BINC - Sectors Allocation Comparison

Sectors	BLCV	BINC
Technology	16.8%	-
Financial Services	16.5%	0.1%
Industrials	13.8%	0.0%
Healthcare	12.3%	-0.0%
Communication Services	9.1%	-0.0%
Consumer Cyclical	9.0%	-
Energy	6.3%	0.0%
Consumer Defensive	6.3%	-
Utilities	4.9%	-
Real Estate	2.7%	-0.0%
Basic Materials	2.3%	0.0%

Return for Risk

BLCV vs. BINC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLCV

BLCV Risk / Return Rank: 55
BLCV Sharpe Ratio Rank: 59
BLCV Sortino Ratio Rank: 62
BLCV Omega Ratio Rank: 57
BLCV Calmar Ratio Rank: 46
BLCV Martin Ratio Rank: 53

BINC

BINC Risk / Return Rank: 69
BINC Sharpe Ratio Rank: 80
BINC Sortino Ratio Rank: 84
BINC Omega Ratio Rank: 86
BINC Calmar Ratio Rank: 44
BINC Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLCV vs. BINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock Large Cap Value ETF (BLCV) and iShares Flexible Income Active ETF (BINC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BLCV	BINC	Difference
Sharpe ratio Return per unit of total volatility	2.02	2.62	-0.60
Sortino ratio Return per unit of downside risk	2.92	3.81	-0.89
Omega ratio Gain probability vs. loss probability	1.36	1.53	-0.17
Calmar ratio Return relative to maximum drawdown	2.28	2.22	+0.06
Martin ratio Return relative to average drawdown	9.22	8.77	+0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLCV vs. BINC - Sharpe Ratio Comparison

The current BLCV Sharpe Ratio is 2.02, which is comparable to the BINC Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of BLCV and BINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BLCV	BINC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	2.62	-0.60
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	2.38	-0.90

Drawdowns

BLCV vs. BINC - Drawdown Comparison

The maximum BLCV drawdown since its inception was -13.44%, which is greater than BINC's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for BLCV and BINC.

Drawdown Indicators

	BLCV	BINC	Difference
Max Drawdown Largest peak-to-trough decline	-13.44%	-2.69%	-10.75%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-2.69%	-7.23%
Max Drawdown (3Y) Largest decline over 3 years	-13.44%	-2.69%	-10.75%
Current Drawdown Current decline from peak	0.00%	-0.37%	+0.37%
Average Drawdown Average peak-to-trough decline	-2.04%	-0.36%	-1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	0.68%	+1.78%

Volatility

BLCV vs. BINC - Volatility Comparison

Blackrock Large Cap Value ETF (BLCV) has a higher volatility of 3.03% compared to iShares Flexible Income Active ETF (BINC) at 0.76%. This indicates that BLCV's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLCV	BINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	0.76%	+2.27%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	1.84%	+6.97%
Volatility (1Y) Calculated over the trailing 1-year period	11.53%	2.27%	+9.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.78%	3.00%	+9.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.78%	3.00%	+9.78%

BLCV vs. BINC - Expense Ratio Comparison

BLCV has a 0.55% expense ratio, which is higher than BINC's 0.40% expense ratio.

Dividends

BLCV vs. BINC - Dividend Comparison

BLCV's dividend yield for the trailing twelve months is around 1.26%, less than BINC's 5.86% yield.

Position	TTM	2025	2024	2023
BINC iShares Flexible Income Active ETF	5.86%	5.86%	6.14%	3.13%
BLCV Blackrock Large Cap Value ETF	1.26%	1.37%	1.63%	1.02%

Frequently Asked Questions

Can I hold both BLCV and BINC in my portfolio?

BLCV and BINC have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLCV or BINC?

BLCV has higher volatility (3.03%) compared to BINC (0.76%). In terms of maximum drawdown, BLCV dropped -13.44% vs BINC's -2.69%.

Which ETF is better, BLCV or BINC?

On 3-year performance, BLCV leads with 18.70% vs 7.06% for BINC. On fees, BINC is cheaper at 0.40% per year. On volatility, BINC has been the lower-risk option at 0.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLCV or BINC?

Over the 3-year period, BLCV has performed better with a 18.70% return vs 7.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLCV or BINC?

BINC is cheaper with a 0.40% expense ratio, compared with 0.55% for BLCV.

Which ETF pays a higher dividend yield, BLCV or BINC?

BINC has the higher dividend yield at 5.86%, compared with 1.26% for BLCV.

What is the main difference between BLCV and BINC?

BLCV is categorized as Large Cap Value Equities, while BINC is Multisector Bonds. They also come from different issuers: BlackRock and iShares. Their fees differ too: 0.55% for BLCV and 0.40% for BINC.

Which has better risk-adjusted returns?

BINC currently has the higher Sharpe Ratio (2.62 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.